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Home Business

BCDA eyes partnerships with Korean firms 

HENT by HENT
June 1, 2025
in Business
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BCDA eyes partnerships with Korean firms 
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BAGUIO CITY – Two South Korean companies have shown interest in partnering with the Bases Conversion and Development Authority (BCDA) and pursuing high-impact projects in the state-run firm’s properties, particularly in New Clark City in Tarlac, and Poro Point in La Union.

BCDA President and Chief Executive Officer Joshua M. Bingcang and Officer-in-Charge Senior Vice President Mark P. Torres met with Moon Engineering Co. Ltd., an engineering and consulting firm from South Korea, to discuss the conduct of a feasibility study on the upgrade of the San Fernando Airport in the Poro Point Freeport Zone.

They also met with Jin Systems Co. Ltd. for a possible collaboration to deploy and test smart mobility solutions in New Clark City as part of the 2025 K-City Network Smart Solution Demonstration Project.

These meetings set the stage for possible future collaborations with South Korean firms, enabling the Philippines to leverage on Korean technologies and expertise in the transportation sector and smart city development.

“We are thrilled to collaborate with South Korean firms, as they are recognized as leaders in infrastructure and smart city development. These potential partnerships will play a pivotal role in advancing infrastructure and integrating cutting-edge technologies in New Clark City and Poro Point,” said Engr. Bingcang.

Currently, San Fernando Airport, managed by Poro Point Management Corp., has a limited operational capacity, primarily serving chartered flights and flying schools. The proposed upgrade aims to improve the capacity of the airport, enabling it to accommodate more commercial flights. This will strengthen the position of San Fernando Airport as a vital transport hub in Northern Luzon and unlock more economic opportunities in La Union and neighboring communities. 

Meanwhile, the proposed smart city demonstration project in New Clark City is aligned with the BCDA’s vision to transform this rising metropolis into a smart, sustainable, and future-ready destination. This will integrate green and efficient mass transport systems in New Clark City to make the lives of investors, employees, and residents more comfortable. 

This collaboration will leverage Jin System’s expertise in smart city solutions, allowing the BCDA to introduce cutting-edge smart mobility solutions in New Clark City and explore long-term applications and scalability of smart city technologies in the area.

All these initiatives highlight the BCDA’s commitment to fostering innovation and growth in the country, driving high-value investments while ushering sustainable urban development.

 

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